Report cover image

Global Phosgene Market Size Study, by Derivatives (Isocyanates, Chloroformates, Carbamoyl Chlorides, and Others), Application (Agrochemicals, Pharmaceuticals, Polycarbonates, Fine Chemicals, Dyes, Specialty Chemicals), and Regional Forecasts 2024-2034

Publisher Factview Research
Published Aug 18, 2025
Length 285 Pages
SKU # FAVR20464325

Description

The Global Phosgene Market, valued at approximately USD 1.764 billion in 2024, is projected to grow at a steady (CAGR) of 5% during the forecast period of 2024-2034Phosgene, a highly reactive chemical compound, plays a critical role in the synthesis of various derivatives such as isocyanates, chloroformates, and carbamoyl chlorides. These derivatives form the backbone of numerous industrial applications spanning agrochemicals, pharmaceuticals, and polycarbonates, underscoring the indispensability of phosgene in modern manufacturing processes.

The demand for phosgene is driven by its versatile application in producing high-value chemicals and materials. The agrochemical industry, for instance, relies on phosgene for synthesizing advanced pesticides and herbicides, enhancing crop yield and efficiency. Similarly, the pharmaceutical sector harnesses phosgene for producing active ingredients, bolstering drug innovation and development. However, challenges such as stringent regulatory controls due to the toxic nature of phosgene and the high cost associated with safe handling infrastructure could impede market growth. Nonetheless, advancements in production technologies, coupled with increasing demand for lightweight and durable polycarbonates in the automotive and construction industries, are poised to create significant growth opportunities.

Regionally, Asia-Pacific dominates the phosgene market, driven by robust industrialization in countries like China and India, alongside expanding agrochemical and pharmaceutical manufacturing capacities. North America continues to exhibit strong demand, supported by the region's well-established chemical production ecosystem and R&D initiatives. Europe, known for its stringent environmental regulations, promotes the adoption of phosgene alternatives, but its thriving specialty chemicals sector still contributes significantly to market growth. Emerging regions, including Latin America and the Middle East & Africa, are gradually embracing phosgene-driven innovations to meet growing infrastructural and agricultural demands.

Major market players included in this report are:
  • Covestro AG
  • BASF SE
  • Dow Inc.
  • Bayer AG
  • Huntsman Corporation
  • Wanhua Chemical Group Co., Ltd.
  • Lonza Group
  • Mitsui Chemicals, Inc.
  • Atul Ltd.
  • Evonik Industries AG
  • Ube Industries, Ltd.
  • LG Chem
  • Eastman Chemical Company
  • OCI Company Ltd.
  • Reliance Industries Limited
The detailed segments and sub-segments of the market are explained below:

By Derivatives
  • Isocyanates
  • Chloroformates
  • Carbamoyl Chlorides
  • Others
By Application
  • Agrochemicals
  • Pharmaceuticals
  • Polycarbonates
  • Fine Chemicals
  • Dyes
  • Specialty Chemicals
By Region North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
Key Takeaways:
  • Comprehensive market estimates and forecasts spanning 2024-2034.
  • Annualized revenue breakdown by regional and segmental analysis.
  • Insights into geographic trends and emerging regional opportunities.
  • Evaluation of competitive landscape and strategic business initiatives.
  • Demand-side and supply-side analysis of market dynamics.

Table of Contents

285 Pages
Chapter 1. Global Phosgene Market Executive Summary
1.1. Global Phosgene Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Derivatives
1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6 Investment Analysis
1.7 Investment Rationale
1.8. Analyst Recommendation & Conclusion
Chapter 2. Global Phosgene Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Phosgene Market Dynamics
3.1. Market Drivers
3.1.1. Increasing Demand in Agrochemicals and Pharmaceuticals
3.1.2. Advancements in Phosgene Derivative Technologies
3.1.3. Rising Adoption in Polycarbonate Production
3.2. Market Challenges
3.2.1. Stringent Regulatory Controls and Safety Concerns
3.2.2. High Cost of Safe Handling and Infrastructure
3.3. Market Opportunities
3.3.1. Expansion into Emerging Markets
3.3.2. Development of Safer and More Efficient Production Methods
3.3.3. Innovations in Specialty Chemicals and Fine Chemicals
Chapter 4. Global Phosgene Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Phosgene Market Size & Forecasts by Derivatives 2022-2032
5.1. Segment Dashboard
5.2. Global Phosgene Market: Derivatives Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Isocyanates
5.2.2. Chloroformates
5.2.3. Carbamoyl Chlorides
5.2.4. Others
Chapter 6. Global Phosgene Market Size & Forecasts by Application 2022-2032
6.1. Segment Dashboard
6.2. Global Phosgene Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Agrochemicals
6.2.2. Pharmaceuticals
6.2.3. Polycarbonates
6.2.4. Fine Chemicals
6.2.5. Dyes
6.2.6. Specialty Chemicals
Chapter 7. Global Phosgene Market Size & Forecasts by Region 2022-2032
7.1. North America Phosgene Market
7.1.1. U.S. Phosgene Market
7.1.1.1. Derivatives Breakdown Size & Forecasts, 2022-2032
7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
7.1.2. Canada Phosgene Market
7.2. Europe Phosgene Market
7.2.1. UK Phosgene Market
7.2.2. Germany Phosgene Market
7.2.3. France Phosgene Market
7.2.4. Spain Phosgene Market
7.2.5. Italy Phosgene Market
7.2.6. Rest of Europe Phosgene Market
7.3. Asia-Pacific Phosgene Market
7.3.1. China Phosgene Market
7.3.2. India Phosgene Market
7.3.3. Japan Phosgene Market
7.3.4. Australia Phosgene Market
7.3.5. South Korea Phosgene Market
7.3.6. Rest of Asia Pacific Phosgene Market
7.4. Latin America Phosgene Market
7.4.1. Brazil Phosgene Market
7.4.2. Mexico Phosgene Market
7.4.3. Rest of Latin America Phosgene Market
7.5. Middle East & Africa Phosgene Market
7.5.1. Saudi Arabia Phosgene Market
7.5.2. South Africa Phosgene Market
7.5.3. Rest of Middle East & Africa Phosgene Market
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Covestro AG
8.1.2. BASF SE
8.1.3. Dow Inc.
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Covestro AG
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. BASF SE
8.3.3. Dow Inc.
8.3.4. Bayer AG
8.3.5. Huntsman Corporation
8.3.6. Wanhua Chemical Group Co., Ltd.
8.3.7. Lonza Group
8.3.8. Mitsui Chemicals, Inc.
8.3.9. Atul Ltd.
8.3.10. Evonik Industries AG
8.3.11. Ube Industries, Ltd.
8.3.12. LG Chem
8.3.13. Eastman Chemical Company
8.3.14. OCI Company Ltd.
8.3.15. Reliance Industries Limited
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us